Sunday , November 24 2024

Preparations for a big change in the stock market, SEBI will check the form with AI

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If you keep investing in the stock market and IPO, then now SEBI is going to make some changes related to it. Stock market regulator SEBI is now preparing to introduce an easy way for companies to apply for IPO. The new way will be to fill in the blank information in the form related to the companies. This will make it easier for investors to understand the information and SEBI will also save time in investigation.

Trying to get AI assistance

Apart from this, according to the information received from SEBI, SEBI is also ready to take the help of AI for the approval of IPO. SEBI is preparing a form, which will have to be filled by the companies preparing for IPO. This will take very less time in the approval of IPO and it will be easy for investors to get information about the company. The new form will give a place to understand the complexities related to the offer of the companies separately.

Many companies had applied for IPO with SEBI

It will be much easier to understand the new form for applying to SEBI. If there is any other difference, it can be understood. SEI said in a FICCI program that at present many companies have already applied to SEBI for IPO. These companies want to raise a total of Rs 80 thousand crore from the market. Due to the petitions, SEBI has to engage its employees in other work while engaging them in IPO related work.

There is no need to take two types of approval

SEBI is working on a process that will eliminate the need for companies to get two types of approvals to raise money in the stock market. Currently, companies have to get separate approvals for rights issue and preferential issue. Now SEBI wants all the information to be in a single form and the time taken to get approval should be half. This will also save companies money as it will reduce the need for middlemen.

Later in the program, SEBI said that SEBI will soon release a documentary, in which suggestions will be sought on bringing financial influencers under the purview of rules. Its purpose is to rein in those who do not yet come under the purview of SEBI rules. SEBI has introduced many new methods to simplify the IPO process. It is necessary to conduct comprehensive KYC investigation to protect the country's stock market.